Albertsons Companies, Inc. (NYSE:ACI) Stock Has Average Target Price of $15.31 According to Brokerages

Shares of Albertsons Companies, Inc. (NYSE:ACI) have received an average recommendation of “Hold” from the seventeen analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $15.31.

A number of brokerages have recently issued reports on ACI. UBS Group reaffirmed a “neutral” rating and issued a $12.00 price objective (down from $20.00) on shares of Albertsons Companies in a research report on Tuesday, July 28th. Citigroup restated a “neutral” rating and set a $11.00 price objective (down from $17.00) on shares of Albertsons Companies in a research note on Monday, July 27th. Zacks Research upgraded Albertsons Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. Weiss Ratings reissued a “sell (d+)” rating on shares of Albertsons Companies in a report on Wednesday, August 26th. Finally, The Goldman Sachs Group dropped their price objective on Albertsons Companies from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, July 24th.

Albertsons Companies Stock Performance

NYSE ACI opened at $11.50 on Friday. Albertsons Companies has a fifty-two week low of $10.86 and a fifty-two week high of $20.00. The company has a market cap of $5.58 billion, a P/E ratio of 143.76, a P/E/G ratio of 2.00 and a beta of 0.40. The company has a debt-to-equity ratio of 5.22, a quick ratio of 0.21 and a current ratio of 0.84. The business’s 50 day moving average price is $12.12 and its 200-day moving average price is $14.43.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.12). The business had revenue of $24.94 billion during the quarter, compared to analysts’ expectations of $24.84 billion. Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 earnings per share. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Sell-side analysts predict that Albertsons Companies will post 1.65 earnings per share for the current year.

Albertsons Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $0.68 dividend on an annualized basis and a yield of 5.9%. Albertsons Companies’s dividend payout ratio (DPR) is currently 850.00%.

Insider Activity at Albertsons Companies

In other news, CFO Sharon Mccollam acquired 9,000 shares of the business’s stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $11.48 per share, for a total transaction of $103,320.00. Following the purchase, the chief financial officer owned 567,051 shares in the company, valued at approximately $6,509,745.48. This represents a 1.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Thomas M. Moriarty bought 170,500 shares of Albertsons Companies stock in a transaction on Monday, July 27th. The shares were purchased at an average cost of $11.51 per share, with a total value of $1,962,455.00. Following the acquisition, the executive vice president directly owned 308,946 shares of the company’s stock, valued at approximately $3,555,968.46. The trade was a 123.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 218,909 shares of company stock valued at $2,515,826. 1.18% of the stock is owned by corporate insiders.

Institutional Trading of Albertsons Companies

A number of institutional investors have recently made changes to their positions in ACI. EverSource Wealth Advisors LLC raised its stake in Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after purchasing an additional 1,306 shares during the last quarter. Allworth Financial LP lifted its holdings in Albertsons Companies by 144.3% in the 2nd quarter. Allworth Financial LP now owns 3,767 shares of the company’s stock valued at $51,000 after purchasing an additional 2,225 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Albertsons Companies by 32,526.7% during the 4th quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock worth $84,000 after purchasing an additional 4,879 shares during the last quarter. Continuum Advisory LLC acquired a new stake in Albertsons Companies during the 2nd quarter worth $66,000. Finally, Versant Capital Management Inc grew its holdings in shares of Albertsons Companies by 2,406.4% during the second quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock worth $69,000 after buying an additional 4,909 shares in the last quarter. 71.35% of the stock is owned by institutional investors and hedge funds.

Albertsons Companies Company Profile

Albertsons Companies, Inc is a U.S. food and drug retailer headquartered in Boise, Idaho. The company operates supermarkets, pharmacies and related retail businesses under banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Carrs and Haggen.

Its stores offer groceries, fresh produce, meat and seafood, bakery and deli items, household products, health and beauty products, and pharmacy services. Albertsons also provides private-label products, fuel at select locations, grocery delivery and pickup, digital shopping tools, and customer loyalty programs.

The company’s history traces to 1939, when Joe Albertson opened the first Albertsons store in Boise.